Vietnam cement sales on track to exceed full year target

Vietnam’s total cement sales are estimated to hit 70Mt in 2014, surpassing the full-year target by 6Mt, the Ministry of Construction said.

The volume includes 50.5Mt of domestic cement sales and 19.5Mt of exports. The volume of cement exports surpassed the whole-year target by 4Mt.

The average exporting prices of the cement amounted at US$43.15/t, rising five per cent or US$2/t from a year ago, the ministry noted.

Vietnam currently has 74 cement production lines with a combined annual output of 77Mt. The output is expected to reach 81Mtin 2015 thanks to the operation of several cement plant, such as Dong Lam, Cong Thanh, Thach My and Trung Son.

The ministry earlier predicted Vietnam's sales of cement and clinker to rise 4-7 per cent YoY to between 71-73Mt in 2015.